Commodities Analysis & Opinion

There is much market speculation these days in the mainstream press about whether or not the rally in U.S. stocks can continue, although the rally so far in 2016 is nothing to write home about. The...

Short term Elliottwave structure suggests that decline to 13.99 ended wave X. Rally from there is unfolding as a triple three where wave (w) ended at 15.6, wave (x) ended at 15.01, and wave (y) is...

It’s that time of year when traders can't avoid that 'sell-in-May' mantra, which typically applies to stocks. But could it also apply to crude oil this year? The chart above looks at crude Vs....

Platinum's dominant chart construction is the completed 9-month H&S bottom on the weekly and daily graphs with an implied profit target of 1179. Note the near-perfect Apr. 25 retest of the...

Good Morning!The Nikkei extends the selloff do to the Bank of Japan’s inaction on the rallying yen prices. The selloff however did not spill over to the U.S. stocks so far. We have a busy day...

Gold prices jumped this week, extending their best start to a year in more than 30 years, the Financial Times reports.Encouraged by a sharp fall in the dollar and a dovish stance by the Federal...

Crude oil ended the month of April with the strongest monthly gain in 7 years, adding 22% to the price. The low price caused “production destruction” and strong demand put the market on a...

Gold traders need to show some patience, which will get them a better price opportunity. Traders already long should trail a stop. Old Turkey’s just ignore the market for the next 4-5 years.

Gold trades near 1300.00, supported by stabilizing above 1280.00, which keeps the bullishness available. Technical targets reside at 1318.00, which represents 78.6%, and stability above 1300.00...

The first point I would like to make is that many are probably wondering how I could reverse my long-term bearish view on the precious metals complex to a bullish view in such a short period of time....

Markets are unpredictable. Picking a bottom is a difficult task as things can change quickly. However, for the first time since 2011, we are seeing enough positive signals to believe industrial metals...

The Shanghai Futures Exchange (ShFE) is experiencing increased trading of nickel, which is creating a pull on physical units and causing a domino effect on the global refined metal supply...

Despite its alarming COTs, silver has continued even higher over the past two weeks to arrive at a near-term target in a critically overbought state. We can see this on the 1-year chart which suggests...

Silver and Gold Price Forecast:In a previous article (September 2015), I presented the following analysis to show how we are close to a point were a significant event could happen in the bond market...